Docyt

Docyt

Software Development

Santa Clara, CA 32,975 followers

AI-Powered Bookkeeping Platform

About us

Docyt's AI-powered Bookkeeping Platform is reshaping financial management for SMBs, franchises, and accounting firms. Docyt AI streamlines bookkeeping and financial workflows, offering real-time insights into unit economics to boost profitability. Standing out in the financial sector, Docyt AI addresses the industry's key challenge: providing real-time accounting data, including live P&L statements. The platform drastically reduces revenue accounting errors by about 95% and simplifies month-end closures to a brief review, ensuring accuracy. By merging AI efficiency with human expertise, Docyt AI enhances financial teams' performance, accelerates profitability, saves time, and provides a real-time view of organizations' financial health. Docyt is venture-funded and based in Santa Clara, California. For more information, visit www.docyt.com. With Docyt’s AI based document-driven platform, small business owners can save thousands of dollars in penalties, late fees and accounting hassles as well as recover hundreds of hours in lost productivity each year.

Website
http://www.docyt.com
Industry
Software Development
Company size
201-500 employees
Headquarters
Santa Clara, CA
Type
Privately Held
Specialties
Accounts Payable, Bookkeeping, Accounting, Machine Learning, AI, Finance, Accounting Automation, Month-End Close, and Revenue Reconciliation

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Funding

Docyt 5 total rounds

Last Round

Series A

US$ 11.5M

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